Match the Term with Its Definition

question 39

Essay

Match the term with its definition.
a.Asset-based loan
b.Basis point
c.Chattel mortgage
d.Equipment loan
e.JIBAR (Johannesburg Inter-Bank Agreed Rate)
f.Line of credit
g.Prime rate
h.Purchase-order financing
i.Term loan
-An instalment loan from a seller of machinery used by a business.

---

Definitions:

Industrial Market Economies

Countries or regions characterized by industrialized economic systems based on market principles, where goods and services are produced and exchanged according to supply and demand.

Hong Kong

A Special Administrative Region of China known for its vibrant economy, bustling port, and status as a global financial center.

Singapore

Singapore is a sovereign city-state and island country in Southeast Asia, known for its highly developed and diversified economy, strategic location, and strict regulations.

South Korea

A country in East Asia, located on the southern part of the Korean Peninsula, known for its advanced technology industry, vibrant culture, and strong economy.